WiseInvest is the angel investing office of Nikolai Angelov from Estonia. He is entrepreneur, investing into early-stage startups. He has done more than 300 investments into many fields, including but not limited to proptech, fintech, greentech, medtech, and real estate.
Valuation: €2-4 M
Exerte Partners is a family office from Cyprus. They invest generalistically, but have a slight emphasis on food, biotech, energy and SaaS solutions. Their expertise includes scaling and internationalization, as well as optimizing at scale.
They invest typically as a co-investor, but have occasionally lead rounds in cases they know especially well (e.g. food). They don’t generally do convertible notes.
Vestman Energia looks to invest into scalable solutions in energy, food and forestry. In energy they are most interested in distributed generation and storage.
They are typically a co-investor. They have also been a lead investor in cases where they had special expertise.
Specialist VC invests into companies based in, or founders from the Baltics, Finland and Ukraine. They focus on B2B software companies, marketplaces, and software-enabled hardware companies. They have also invested in some B2C and hardware companies through their previous fund, United Angels VC.
The fund’s partners have built companies like Civitta and Fortumo, followed by a decade of angel investing. Their network also includes many advisors, including a scientific advisor in biotech.
For SaaS companies they seek initial traction, e.g. €10k MRR. For deep tech companies this is not as much of a requirement.
They often co-invest, occasionally also lead. They haven’t done any solo investments so far.
They have supported some portfolio companies through participating in their boards, but this has not been a requirement to invest.
They also do secondary investments, where early employees and investors sell some of their shares and receive the money to themselves, as opposed to the company issuing new shares.
Swiss Post Ventures is the fund of Swiss Post, who operate a multi-billion euro business in fleet management, public transportation (buses), postal offices, communication services etc., mostly in Switzerland. Swiss Post has 60k employees, Swiss Post Ventures has three people.
They’re looking for startups especially in mobility, logistics, cyber security, communication platforms, and digital health.
The startups they invest into should have some link into Swiss Post’s value chain and ecosystem.
They are often a follow investor, and prefer to invest less than 50% of the round. They have occasionally been a lead investor for a startup whose market they understand exceptionally well.
Runa Capital is a US-European software fund focused on helping European companies enter the US market and vice versa. They focus on deep tech, B2B SaaS, and regulated industries, like fintech, education and digital health.
The founders of Runa Capital are serial tech entrepreneurs. Before their work as investors, the founders of Runa Capital built companies like Acronis, that raised their last round of $250M at a $3.5B valuation, as well as Parallels and Acumatica, also very successful software companies.
They mostly invest B2B and B2B2C. They rarely do invest in exceptional B2C companies as well.
Invests as solo, lead or follow. More likely to be a follow investor at earlier stages, and lead in the later stages. They typically join the company boards in later stage investments.
Superangel is a Nordic-Baltic fund investing in tech startups that are changing the world. They are able to invest around the globe, but focus on their home region.
All the partners are founders, making this a founders-to-founders fund. Their backgrounds are in building and growing tech startups.
They have a long-term support program to help startups get to the next level. It includes expert coaches, team culture development to be ready for scaling, basecamps, helping set up company management structure (which aspects to focus on and follow monthly) and so on.
Athensmed is the angel investment company of Kustaa Piha. He’s a veteran of medical technology and digital health, having grown Med Group from 0 to 100Me turnover before exiting it. Since 2016 he has done multiple investments and exits in the health space. He often helps his companies through a board seat, but has occasionally served as a medical director as well.
Crowberry Capital is a Nordic-Baltic early-stage tech investor. Most of their team is based in Iceland and Denmark.
They prefer software. They don’t mind hardware, as long as it’s scalable and has a significant software component. They’re very interested in deep tech software.
Geographically they focus on the Nordics and Baltics. In exceptional cases invest into startups from elsewhere Europe as well, if the company has a strong enough link to the Nordics and Baltics.
They’re not interested in life sciences (mainly due to long development cycles), fast-moving consumer goods or gambling.
Their advisors include David Helgason, founder of Unity Technologies.
Fund Fellow Founders is an angel network investing together in interesting deals. Angels in their network have been responsible for business development, sales, technology, legal and other parts of turning tech startups into unicorns. They do investments starting from small rounds up to very large rounds with their VC network.
They are especially interested in health tech, food tech and green tech / cleantech, as well as deep tech. They are interested in other fields as well. They strongly prefer companies that have a clear and reasonably short path to profitability. They prefer companies whose main tech value is in the software side.
Geographically they have no limitations, but seek Nordic-Baltic deals most actively.